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Eswatini Financial Times

News

US consumers slow spending as inflation bites

U.S. consumers are starting to curb their spending in response to high prices and a worsening economic outlook, according to consumer finance company Synchrony Financial (SYF.N), opens new tab. Americans…

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‘Public service is a marathon, not a race’

Manzini Municipal Council CEO Lungile Dlamini By Kwanele Dhladhla  Astute Municipal Council of Manzini Chief Executive Officer (CEO) Lungile Dlamini has expressed a strong sense of belief that collaboration remains…

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Ex-FIFA boss Blatter and France great Platini to learn fate in corruption case

Former FIFA president Sepp Blatter and France soccer great Michel Platini By John Revill ZURICH, Switzerland – Former FIFA president Sepp Blatter and France soccer great Michel Platini will appear before a Swiss…

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EmaSwati defrauded E399 million online, Interpol reaches out

Panel discussion By Delisa Magagula  The Eswatini Communications Commission (ESCCOM) has issued a stark warning about the increasing wave of online scams that have defrauded unsuspecting citizens of approximately E399…

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South African rand jumps as markets ponder US tariffs

A person counts South African Rands JOHANNESBURG – South Africa’s rand gained on Monday as investors awaited clarity on the next round of tariffs from U.S. President Donald Trump. At…

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Russian central bank sees chance of prolonged low oil price cycle

Fears that oil prices could collapse to 1980s levels MOSCOW – Russia’s central bank has warned the Kremlin’s policymakers the United States and OPEC have the capacity to flood the oil market and cause…

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Chinese EV giant BYD’s fourth-quarter profit leaps 73%

Chinese electric vehicle maker BYD BEIJING – Chinese electric vehicle maker BYD’s net profit leapt 73.1% in the fourth quarter of 2024 to a record 15 billion yuan ($2.1 billion), it…

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FINCORP has E1.5 billion circulating among clients

By Delisa Magagula The Eswatini Development Finance Corporation (FINCORP) has reinforced its financial position with over E1.5 billion actively circulating among its clients. In a strategic move, the institution has…

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Labour inspections drop by 12% due to resource constraints, says Ministry report

by Ncaba NtshakalaThe Ministry of Labour and Social Security’s Annual Report for 2024/25 has revealed a 12% decline in labour inspections across the country, attributing the decrease to limited resources,…

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New Maize disease threatens farmers, Pannar offers a solution

By Bahle Gama A newly emerging maize disease, Goss’s Bacterial Wilt and Leaf Blight, has been detected in South Africa, sparking concerns among farmers and agricultural experts. The disease, which…

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